£491,000
(£125.00/sq. ft)
Light industrial for saleBassington Lane, Cramlington NE23
From 2,000 - 2,173 sq. ft
Just added
About this property
Two freehold tenanted investment 8.5% yield
Yield – 8.5% - Fri leases
Total rent - £41,860p.a.
Price - £491,000
Passive investment
Rent review
Two tenanted freehold investment properties - Fri lease - rpi linked
The property is of brick-built construction beneath a profiled sheet roof and benefits from both a roller shutter loading door and a separate pedestrian entrance, providing convenient access. The premises include newly refurbished first-floor office accommodation with wood-effect laminate flooring. Separate male and female WC facilities are located on the ground floor.
Location
Cramlington is a well-established town in South East Northumberland, situated around 9 miles north of Newcastle upon Tyne. Once developed on former coal-mining land, it has grown into a vibrant community offering a balanced blend of residential neighbourhoods, employment areas, retail amenities, and extensive green spaces.
The property is of brick-built construction beneath a profiled sheet roof and benefits from both a roller shutter loading door and a separate pedestrian entrance, providing convenient access. The premises include newly refurbished first-floor office accommodation with wood-effect laminate flooring. Separate male and female WC facilities are located on the ground floor.
Location
Cramlington is a well-established town in South East Northumberland, situated around 9 miles north of Newcastle upon Tyne. Once developed on former coal-mining land, it has grown into a vibrant community offering a balanced blend of residential neighbourhoods, employment areas, retail amenities, and extensive green spaces.
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Monthly repayment
£2,456 per month
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